According to news on April 20, recently, media reported that 360's Beijing Qihoo Technology Co., Ltd. has withdrawn from Beijing time Co., Ltd., an information platform, and all 60% of its original shares in the first launch of douwan.com have been transferred to Beijing new media group. So how does 360 exit Beijing time official respond? What happened before 360 quit Beijing time?
The agreement on 360's transfer of shares in Beijing time was signed before April 12, the third anniversary of Beijing time. At present, the first batch of equity transfer payment paid by Beijing New Media Group to 360 has arrived; the browser entrance, home page recommendation and other resources given by 360 to Beijing time will also be gradually withdrawn.
In response to the news, 360 said it would not comment.